Option 6Close Month

During the Close Month procedure, Inventory Control files are prepared for the next accounting month. The Close Month procedure deletes Month-To-Date Postings records and selectively purges the Transaction Detail and Product Purchases holding files.

Depending on how you set up your Parameters file and the current month you are in, Close Month updates the following master files and fields:

Products By Vendor Products By Warehouse

Monthly Price (6) MTD Sales Current Price MTD Margin MTD Units MTD Units MTD Purchases YTD Sales LY Purchases YTD Margin YTD Purchases YTD Units LY Units